What a time to trade or invest in cryptocurrency !
Hey guys,
just a quick post to give you some update in the Bitcoin potencial hard fork as Bip 91 a solution which locks in the SegWit activation has currently more than 75% of the hashrate support.
This is the Hard Fork timeline ( source : coindesk.com )
Here is the current situation of the BIP91 lock in ( source : XBT.eu )
From what I understood, the BIP91 implementation will avoid a Bitcoin split and facilitate the SegWit adoption.
More details in my article here !
That's all guys, do you have updates / information on that ?
Alan
Remember that before a hard fork can practially happen there is a soft fork that moves all miners on to new software, and this new software is what is coded to trigger the hard fork. It is necessary to move the miners away from the old chain first so that people are unable to continue to use the old chain after a hard fork. SegWit2x is the best candidate for giving us a hard fork right now. Around half of miners are flagging SegWit2x support, and after July 21st it will trigger a soft fork at 80% or possibly sooner if there is another trigger in the software. I'm having a hard time finding out what the SegWit2x soft fork triggers are,
You may want to have your coins in your own wallet if there is a HF so that you get your coins on both sets of a split. An eWallet will likely give you one set of coins and sell the other set of coins if they're worth anything.
If the sword of Damocles of a possible Bitcoin hard fork suddenly vanishes, who knows where the next wave upwards will take us. Given the strength of Bitcoin price during this correction period, my feeling is that there is a very strong springboard in place of a fabulous H2 in 2017.
Amen ;)
Are you suggesting that a hard fork that has been anticipated for at least months, will simply not happen?
it looks like that's what it is https://cointelegraph.com/news/suddenly-bitcoin-hard-fork-looks-unlikely-as-chinese-exchange-readies-for-segwit
very nice image, i like
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